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to trade $38 a share this year. >> j.p.? >> johnson and johnson, you are getting a little bit of a gift. this is a 3% yielder, it's on the cusp of breaking out of a ten-year trading range it's been stuck beneath. the story is just beginning with the new ceo, restructuring, fine juf spinoffs. >> and the doctor? >> apg, that will accelerate. certainly the call volume has accelerated today. over 11,000 have already traded halfway through the day. that's way over open interest. so i jumped in here. >> that does it for us. see you tomorrow. "power lunch" starts now. >> "half time" is over, "power lunch" and the second half of the trading day starts now. >>> scott, thank you very much. it's the biggest day for earnings so far this year. big names reporting all day long. we heard from some of them. that could tell us a lot about which way the market is heading. verizon, ibm, j & j, google and travelers all on tap. so is the gop about to cave on a debt ceiling deal? we may know a lot more soon. there's a plan floating around washington, stop lawmakers pay if there's no solution on the debt ceil
of the michael johnson trial. president obama.. is inaugurrted into a second term. &pthe first thing on his agenda (sot: infomercial)"get ready to punch your wayytoothe perfect ody.. body."and... don't waste your pwistlinn.we find ouu if three - of the most popular infomercial machinee really work. 33 3 3 tuesday, january 22nd 33 33 3 3 p, 3 the phylicia barnes murddr trial is settto beggn today. michael johnson is facing first egree murder for the death.megaa gilliland is live from the mitchell courthouse ddwntown... with a look at whht we can expect oohear inside the courttoom. on bothhsides will arrive here in just a few hhurss.. too begin jury selection. selectton.it's been more than pwo ears... since 16- yyar-- old phylicia barnes of north carolina... went missing here in baltimore.her body was sssquehanna river..he cause of death....asphyyiatioo.michael johnson... the ex-boyfrrend of phylicia's half sister... is acccsed of her murddr.we're toll prrsecuttrs ámayá play a sex tape... that could impliccte joonson ii barnes' death.meannimee.. the defense pays they plan to call a pfte
>>> hello, i'm bruce johnson. join john. the national day of -- thank you for joining us. the national day of service kicks off a weekend of inaugural events in the nation's capital. today the president and first lady painted bookcases and helped with repairs inside a d.c. elementary school in northeast. thousands of volunteers in our area and across the country. they also volunteered for community service. it's all to honor the late martin luther king jr.. >> more importantly, everybody here, adults to children, understands the importance of his impact. >> tomorrow president obama takes the oath after office at noon to begin his -- of office at noon to begin his second term of office. it will be a private ceremony at the white house and the public swearing in takes place monday at the capitol followed by the inaugural parade. the service project today was at the d.c. armory. our surae chinn reports people who came out today were volunteering on behalf of the military men and women. >> reporter: navy commander rodney blevins is paying it forward and showing his son -- >>
swing today. among the names that are reporting before the bell, we have dupont, johnson & johnson, travelers and verizon. four dow components before the bell even rings. our newsmaker this morning is dupont's ceo coming out want 8:00 eastern time. after the bell, technology takes center stage. we will hear from google, texas instruments and amd among others. >> and friday, the 49% mothership and it was good. revenues above expectations. and also a little beat on the bottom line, but a lot of the different business segments doing well. all clicking and stock was up above 22. comcast traded over 40. >> i saw that, too. and it makes you wonder if the dow jones industrial average will follow the transports at this point. >> why follow those two so closely? comcast at 51% and 49% owners. i'm hearing that dupont is hitting the wires right now, which is inconvenient for -- >> those of us still getting our computers up and running. >> we're going to talk to ellen kullman. and we'll be able to get a better idea on what's going on. fourth kwarer, one of the numbers i'm seeing, a 12 cents an
. not tonight." [ female announcer ] to nurses everywhere, thank you, from johnson & johnson. >>> good morning, washington. and welcome to "early start weekend." look at that incredible shot of our set. >> i was going to say, that's my good side right there. >> okay. i'll agree with you on that one. bringing you the show live from the national mall. i'm randi kaye along with john berman. sleeves rolled up, plasting gloves on chomping on some gum, the president and first lady got to work at a school in d.c. yesterday. the first couple took part in the national day of service. mr. obumma started the tradition during his first inauguration to honor the memory of martin luther king jr. >>> the biden family got to work saturday. the vice president along with his wife and several members of his family spent time filling some care packages. 100,000 care kits will be shipped to family members overseas. >>> tomorrow is the big day. the public inauguration, the 57th presidential inauguration. and if you're one of the 800,000 people expected to attend, you're going to want to make sure those text message
. noble. got a lot of them. johnson & johnson. we talked about that one today. 3m. union pacific. adt. how about tech names? e-bay. lots going on. that want does it for us. "fast money" will pick up the ball as well. follow me on twitter @scottwapner.cnbc. >>> scott thank you very much. big bank earnings. boa, citi getting a bit of a whacking. a number of index hitting new highs. scott ran down an awful lot of those new highs. how to get in. where to get in. when to get in. we'll talk about that this hour. of course one of the big stories turbulence for boeing, regulators grounding the plane. how long will it take to get boeing to get this plane back in the skies. ceos, business ceos want to raise the retirement age to 70. saying it will save billions in social security and medicare spending. is it a good idea or are mike corbath. a long road lay ahead. they called results lackluster and they were worried expenses are still too high. citi cfo were worried legal costs will stay elevated around 3 billion. bank of america eked out a small profit beating by a penny. it had widely telegraphed a
or johnson about the great society. i don't think everything he addressed yesterday was about everything he wanted to legislate, about where he sees the country going, his vision. >> an eye towards history. >> i think that's how he saw the inaugural address and he effectively did it. i think his specific of the next four years is the state of the union and his vision of "i had a cream." >> and what you said in the white house was illuminating. >> while you're drinking, everything i said was illuminating. >> amen. don't you wish that people in the pews could be drinking on those days? even your worst sermon would sound good. >> you described the president as relieved. i think we saw the president saying, what he's wanted to say for 10 years. and republicans as a result, really back on their heels. republicans now may not get anything from this president in the next three clips. this is not a president who's getting ready to cave or to make a deal with them. starting tomorrow, they're going to try to get back on the offensive. tomorrow, they're going to introduce their bill, vote on their bil
-industry stocks. ge, good numbers today. parker hannifin numbers, new high. johnson controls disappointed because they guided lower on their current quarter. all the stocks are moving in line with their commentary and that's something we haven't seen in a while. now, there's a lot of talk. the industrials have been very strong this month. talk about moving into industrials and maybe out of bank stocks which were strong last year. the banks are looking a little tired right now, a little bit toppy. capital one had a very disappointing earnings report. you can see the rest of the stocks aren't going anywhere as well. semiconductors. normally, if you had intel had disappointing guidance. you would see a lot of effect in the overall group the following day. intel is down 7%. taiwan semi, micron, texas instruments, not doing much. that's what i mean. individual stocks doing well but not whole sectors. good day for ipos, norwegian cruise lines, priced at $19 and 23 million shares. opens at 25. there it is, holding up, straight line all throughout the day. finally, the third of three master limited partn
, 1969, richard nixon, john f. kennedy in 1961. george h.w. bush in 1989, lyndon johnson from 1965, president jimmy carter in 1977, and we will wrap up the night at 11:00 eastern with president george w. bush speech from 19 -- from 2001. >> i barack hussein obama do solemnly swear that i will execute the office of president of the an ad states faithfully -- >> when chief justice john roberts administered the oath to barack obama on january 20, 2009, there was a major problem. roberts was supposed to say "that i will faithfully execute the office of president of united states. then barack obama stops, paused, smiled, as if to say, "c'mon, man, this is my big day, you got to get this right." unfortunately, he did not get it right, so the very next night in the white house, they did it again. this time roberts used notes which he had not used the first time, and they got it right. >> the history of democracy's big day, monday at 8:00 a.m. part of a three-day holiday "book tv."c-span's >> the house in for a brief protest for a session this afternoon. party leaders have been sounding ou
. it was considered dangerous. curriculum deviation, i was fired. i was hired shortly after by the johnson administration. [laughter] my favorite worldwide poet happens to be the irish poet. william butler yeats. there are lines many of us learn in school and forget. he said, the best lack all conviction while the worst are full of passionate intensity. we need that passionate intensity on our side, on the side of the poor children in this earth. i beg the president to summon up the courage to give us that voice. if he does not, it would be a terrible betrayal of his role and he will miss an opportunity to leave behind a beautiful legacy in history. it will be his tragedy as well as ours. [applause] >> we are clearly headed to a real debate about austerity. i do not believe austerity is the answer. some people do. there is a big debate in the coming weeks as we get to this debt ceiling debate. talk to me, from your perspective, about this notion of compassionate conservatism. there was a movement 12 years ago to present that as an alternative. what happened to that? >> i would be glad to g
johnson, was in power. this president has made no secret of his ambition to be the fourth transformative president. and the question is, will he, in his speech today, show a kind of combative nature that led to franklin roosevelt's overreaching and historic change of the politics of the country? >> you see the congressional leaders for the country. steny hoyer, and we just saw them go to the capitol. >> we saw janet napolitano, and security making their way in. you were talking about lincoln in the course of this presidency. i want to pick up the pictures of him because they are among the most startling. he lost 50 pounds. he was about 150 pounds weighing in, at 6'4". >> the picture on the right side, abraham lincoln, only 56 years old. look at those eyes. of course, the lincoln memorial there. martin luther king in the shadow, gave that speech 50 years ago. and there, we see, as you see more -- i think that's katy perry there. >> i believe it is. >> on the steps of the capitol. along with john mayer. we're going to come back. she performed at the kids' concert saturday night. we're goin
. not tonight." [ female announcer ] to nurses everywhere, thank you, from johnson & johnson. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >>> it was a crime that gripped a nation 20 years ago, 9-year-old little girl named katie beers had been locked in a dungeon on long island and sexually abused by her kidnaper john esposito, seven days chained by the neck locked in a wooden box suspended by the ground. television provided the only distraction, her only light, her meals were junk food. ultimately her captors broke down and she was able to be rescued. beers revealed her story in a new book called "buries memories." nice to have you with us. >> thank you. >> this book is such a page turner in part because i remember the story so well, the little girl whose poster was everywhere, as a fellow long islander this was headline news. you ended up being kept in this dungeon, the pictures came out, it was just stunning. you were 10 years old when they rescued you. >> yes. >> did you think that you were
. and finally, when he supports social security, medicaid and medicare, that's straight lyndon johnson, great society talk. this is a speech in the progressive tradition. at some points it's like the second inaugural of franklin roosevelt where fdr in 1937 said be proud you're an individual but there's also a collective. and you guys mentioned the word people, how often he said, we, the people. but this is, we, the people almost in a howard zimm people of america kind of way. this was about ordinary people fighting for ordinary rights, stonewall has replaced normandy. you know, selma has replaced iwo jima. there wasn't a marshal tone, this was about inclusion. >> he used the term we, and he used the term common creed over and over again throughout the speech. norah o'donnell was listening to the speech down there on the national mall. nor norah? >> and, scott, on that theme the president used the word together some seven times. a word he used just once in 2009. and i think you're right, this was in some ways a civil rights speech. because the president said, our journey is not complete. that'
: legal analyst dean johnson says sarah does have unique defense but it is going to be a hard cell. in circumstances like this where somebody has a motive to commit a killing, and then later after the fact they claim insanity juries are very, very suspicious. >> now the da office declined request for interview but prosecutors said in court that woo threatened one of the victims. one would actually fired him saying you will pay for this. no longer exist and bought by intel two years ago. court resumes tomorrow. vick lee, abc 7 news. >> well just ahead here tonight. made in america story. bay area man who couldn't find a job. so he went to work and made his vision come true. great story. stay with us [ female announcer ] safeway presents real big deals of the week. or why it doesn't have to be an adventure to stick to your new year's budget. because safeway gives you real big club card deals each week. right now, a case of arrowhead water is just $3.33. folgers is $7.99 for the large size. that's a huge deal. rise and shine. simply orange oj is just $2.88. real big deals this
is the enemy. lyndon johnson if you read about his efforts of mail order purchasing of guns, he moved that measure in a matter of months, and he was the master of this process. and he understood that time really was the enemy in terms of getting these measures through. to be the extent we can get a strong comprehensive package moving in the senate, get it out of the senate, and then basically surround the house with the executive branch senate action and public opinion that then i actually think this could get a life of its own and really have a strong chance. >> john: connecticut democratic congressman joe courtney, thank you for coming on the program. >> thanks, john. >> john: for more now on the president's proposals i'm happy to be joined by john rosenthal. stop handgun violence and common sense about kids an guns, and by pam simon a staffer for gabby giffords who was shot at the tucson shop shooting where the congressman was badly wounded and six others were killed. she's now a gun control advocate advocate. thank you both for joining us, john, i want to begin with you. >> thank
of the democratic party. and yet it set in motion the events that led to the challenging of lyndon johnson. so i think unfortunately history becomes political, and we pick and choose what we refer to emphasize, but dr. king was gradual. he was slow to come to an open stance. he knew what the stakes were. he wasn't unaware. he wasn't innocent. he knew he would have trouble taking that position, and he took it forthrightly, and proudly, and stayed with it. >> john: kris let me ask you the same question. do you think that another great tragedy of dr. king's loss is he's only remembered as a civil rights icon and not as a non-violent resistence icon or labor rights icon. >> he's so much bigger than the box we tend to put him in. in some of those speeches, in the antiwar speeches he was talking about moving beyond tribe, race, class and nation. that's the kind of radical internationalism that we really don't talk about. even president obama's speech today he's saying we're really loyal not to party but to nations. well, king went far beyond that and say we're not loyal to nations. we're loyal to god.
line. >> we remember the one line in the kennedy speech. we don't remember jack from johnson, nixon, reagan. you go up the line. >> we don't have that kin of attention span, okay? >> but i think it speaks to the fact that let's be honest. inauguration speeches are really not memorable. >> but we remember what the first lady wore. >> we'll talk about that more coming up. >>> still ahead, we've been talking about the inauguration, but, of course, at the heart of the inauguration is the next four years. up next, we'll talk with congresswoman debbie wasserman schultz, chair of the democratic national committee. that's straight ahead. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ female
the following five members to keck it off. congresswoman eddie bernice johnson of texas, congresswoman joyce -- representative hall from new jersey, representative fran tell from florida, representative velazquez of new york, representative bona meechoo -- bonamici from oregon. >> thank you very much, madam chairman. my question probably is a very broad one and widespread and probably directed to the mayor and the chief of police. with all the budgetary restraints that we suffer throughout this country, certainly here, do you think that you could have an effective program without federal funding? >> no. >> we're going to take all five questions at one time. >> mr. holt. >> thank you for the stories, they certainly make one cry, they should make one angry and outraged and determined an committed. why is america so different in the statistics you gave us, mayor nutter? >> you know, it's not -- it's not that we have less health care or so many more defenseless students, it's not only american youth who play violent video games. it's not that we have so little information about bad guys. and yet
to company's data com business following comments from intel. johnson controls, the nation's largest auto supplier sawity biggest stock fall after five months, after learningity earnings won't meet street forecast this quarter. due to weak demand in europe. >>> state street moving higher after saying it will cut 630 jobs worldwide. this under pressure from some of its largest share holders to cut expenses moving forward. the company reporting 26% rise in fourth quarter net income. ty? >> simon, whole foods mark set one of the top in the country. market value more than $16 billion. yeah, you heard me right. stock surging about 158% over five years. ceo john mackey will join us for a first on cnbc interview. but he says companies should have a higher purpose than just making money. stay tuned it find out exactly what he means. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can a
, lyndon b. johnson in 1963. james in brandon, florida on our republican line. good morning. caller: good morning. thank you for taking my call. i wanted to ask the country to pray for our president obama -- i am a republican, and i voted republican this year. that was to my commitment to the republican party. i am very disappointed with my party. i do not like the direction they are taking. to be honest with you, i do not like the fact that they are not cooperating in the house or any other place with democrats or with president obama. i would ask the president if he would open upper a new investigation on the 9/11 attacks on this country. i am unsatisfied with the commission report that was put out. host: that was james in brandon, florida. you can see on the capital, five large flags hanging down. the explanation of the five different flags they had hanging down -- this is a congressional report. framed against the black -- the backdrop -- the backdrop of red, white and blue -- we have at ross flag with starch -- stars are arranged in the circle. the next two flags are the flags the u.
tax and repeal the 16th amendment? and go to a fair tax like libertarian gary johnson promoted in the past election. host: on twitter -- james in dickinson, texas, democratic caller. caller: good morning. that was a great speech that the president and vice president spoke yesterday. i have been watching it ever since it came on. i want to say hello to my pastor at the baptist church. i'm sure he's listening, and to all the church members. host: a little bit more from president obama's speech yesterday, talking about defending democracy abroad. [video clip] >> we still believe that enduring security and lasting peace do not require perpetual war. [[cheers and applause] our brave men and women in uniform tempered by the flames of battle are unmatched in skill and courage. our citizens, feared by the memory of those we have lostthoseknow too well the price it has paid for liberty. the knowledge of their sacrifice will keep us forever vigilant against those who would do us harm. but we are also heirs to those who won the peace and not just the war. we have turned sworn enemies into
." [ female announcer ] to nurses everywhere, thank you, from johnson & johnson. thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] [ male announcer ] end your long week... with a weekend getaway. save up to forty percent on all weekend hotel stays. book by january thirty first at hiltonanyweekend.com. >>> down in flames. stunned commuters watch as a helicopter hits a crane and crashes near a central train station in london. >>> bad weather. a stretch of rain, snow and ice could put a damper on your commuting and travel plans. >>> facebook takes aim at google. the social media giant rolls out its very own search engine. welcome back. i'm john
tonight, britta. not tonight." [ female announcer ] to nurses everywhere, thank you, from johnson & johnson. [ female announcer ] to nurses everywhere, i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> the bizarre hoax involving manti te'o. listen to this. >> i think as manti tells the story, you'll see the same thing that i saw, that it does fully line up. >> let's talk about it with howard kurtz. also, joining us, the editor-in-chief of the dailydownload.com, lauren ashburn. there's a problem here because for months and month and months the media bought this story apparently without checking who this woman was. >> this was
eisenhower, lyndon johnson, john kennedy, richard nixon, gerald ford, jimmy carter, ronald reagan, george bush, and so on. more recently, george w. bush and barack obama. the tradition has been maintained. when a new president is elected, st. john's makes an effort to contact them and have them sign this historic book, which is a very dear item to the church. it is one of those great pieces of history that has been long associated with this church, from 1856 till the present one of the little-known fact about presidential inaugurations is that it has been the custom in modern times to have a church service, and worship service of some kind before the president takes the oath of office. people feel this is a longstanding tradition. it began with franklin roosevelt on march 4, 1933. when he wished to have a worship service take place before he took the oath of office, in the depths of the great depression. he contacted the church and he organized a special service with his former headmaster at school, who participated in the church with coming up with a special service. the have that servic
controlled senate. you have senators on the democratic side like johnson in south dakota who are not very happy with the sort of president's my way or the highway approach to this legislation. what america needs is a practical president, into the legislative dictator and think senator blunt was spot on. i think there is tension in the democratic party as more goes on with the gun control debate we'll see the tension. >> heather: president had four proposals, universal checks for gun buyers and crackdown on gun buying and a.m. missions on magazines holding more than ten bullets. lindsay graham, republicans in the south carolina he said that he is confident there will be bipartisan opposition to his proposal. even harry reid stopped short of embracing president obama's proposal calling them thoughtful recommendations. is the president's tone contributing to a lack of bipartisanship? >> no. i don't think this is about his tone. i think it is interesting to have a republican senator calling president obama combative given the nature of in congress and how the senate has blocked and pushed the
bit of fdr, kennedy, johnson. a big line in the sand, it got close. >> what was so eau yeeg for this president was gay rights. this is the first president really to not speak in code about equality for gaze. he mentioned stonewall, the new york city bar, the first sight of open resistance by gay americans and the first president to mention it directly. listen. >> our journ ooh is not complete until our gay brothers and sisters are created like everyone else under the law. >> the president made history there. >> i liked the previous clip when he connected seneca and stonewall. highest rhetorical flourish as well. more than just symbolic. connecting the threats of liberal progressive behavior and says this is where the future is. and this is the speech a lot of people wanted to hear four years ago, much more about compromise and working together and fixing politics. we tried that, didn't quite work, this is what i stand for, and follow me. >> a different president than four years ago. >> much different. not just more gray hair, but much more seasoned, a little cynical about th
the inauguration on television. lyndon johnson made history, the first president to ride to his inaugural in a bullet proof inaugural. ronald reagan's second inaugural, so cold, only snow filled the stands. bill clinton ushering in more than just a second term. the first to be carried on that thing called the internet. >> i, william jefferson clinton. >> reporter: and president obama with the first lady by his side again after already making history four years ago in front of nearly 2 million spectators. david muir, abc news, washington. >> he'll be the first democrat in more than 75 years to get a majority of the popular vote twice. only five other presidents have done that in all u.s. history. i love the trivia behind inauguration. it's interesting to go back in the file that day. fascinating day for the obamas and for the country. so keep it here on abc news throughout this very big day. we'll be back. >>> this morning on "world news now," capitol celebration. washington's big bash as president obama begins his second term. >> the festive atmosphere and the tight security for this inau
submitted and i've written about this a great deal. was a lemon has written about a it, simon johnson the great scholar has written about it and others, that what is happening to your is one of the reasons we have not clicked as quickly as possible in recovering from the crisis is because the transition mechanism for monetary policy is found up. think of it as sludge in the motor of your engine. it's hard to get the pistons to move. we provide the fuel, the central bank. it has to be into the economy. we not only have to inducer and sent people to step on the accelerator to create more jobs. that's a matter of having to rip us from our vacations, tax incentives and so on, that has to be transmitted to the banking system. these banks are in such deep trouble in control so much of the assets have been focused on other things. they are interfering the effectiveness for accommodative monetary policy. if you get people to understand this is hurting job creation in the district come he might more political support. i believe this support is gaining ground. it's not just a question of fairne
this a great deal, hunting is written about it, simon johnson, a great scholar has written about it and others, that what has happened is one of the reasons we have not clicked as quickly as possible and recovering from the crisis is because the transition mechanism for monetary policy is combed out. think of it as sludge on the motor of your ancient. it's hard to get pistons to move. we provide the fuel to central bank. it has to be transmitted into the economy to me not only have to inducer and sent people to step on the accelerator to create more jobs, that's a matter of having to write laws, regulations, tax incentives and so on, that has to be transmitted through the banking system and the sphinx in such deep trouble in control so much of the asset haven't focused on other things. so they're interfering with the effectiveness of accommodated monetary policy. if you get people to understand this is hurting job creation in the district, think you have more political support. i believe the support is gaining ground. it's not just a question of fairness. it is a question of efficacy and i bel
, and lyndon b. johnson in six years as majority leader faced one, and harry reid has faced 361 in the same six-year period. and even if you have the 60 votes to end one, they take up the power of the senate. >> stephanie: you know what is interesting. they just did this study -- this is no surprise to you, but the 112th congress was the most polarized ever. the distance between the two due to record levels between the 111th and 112th even different than the before when they used to take out pistols and shoot each over. >> yes. >> stephanie: i look at poll after poll -- i mean 90% of the american people want background checks for gun -- and you think -- and yet you hear over and over we're probably not going to be able to get any of this gun stuff done. but this is part of the reason right? >> it is part of the reason. why are we talking about reducing food stamps and hunger programs at a time when we can't even close a loophole for a oil company. well, it's a filibuster. dream act, why couldn't we do it? filibuster. and we had 59 votes to close debate, and we needed 6
the second lowest number of murders, 85, since lyndon johnson was president. so we have control around our crime issues. but the number of bullets that are fired from a magazine is something that we want to see stopped. nobody needs more than ten bullets. gun violence, background checks, is something we need to see in cities. so these common sense reforms, you now have more than 750 mayors that are standing behind the president and the vice president. and we think we're going to get a bill. it's going to be hard, it's going to be thank you. but i think we're finally going to get major gun violence reform. >> let's talk about one topic real quick where we know there is not so much partisan politics. very important question, mayor. will the atlanta falcons go to the super bowl? >> oh, no question. we're one game away, kate. we're going. >> all right. >> the objective political analysis from the atlanta mayor there. >> mayor, great to see you. >> thank you, kate. >> thank you so much. >> rooting for the hometown. cnn. >> for the first time, the presidential -- >> atlanta falcons, best in the
aboard air force one when lyndon johnson took the oath of office. there is no constitutional requirement and a woman could add merit oath of office to the president if they choose. but because tradition started with thomas jefferson, i want the chief justice of the united states, that's basically been the unbroken line. eight times it has not been the chief justice. >> probably one of the best inaugurations with the weather. near 40 degrees today. >> the original inauguration day was march 4 because they wanted to get it out of the bad weather. that's when one president william henry harrison died in cold and drafty weather. they did not like the lame duck sessions that were causing everyone grief, they moved it to january 20. that started in 1937. >> all right. thanks. >> michael will be with us throughout the morning. we'll be talking inauguration and carrying it for you live. there's the vice president biden coming out right now. the ceremony will start in about 20 minutes. >> we'll get back to washington, d.c. first in the bay area we're looking at nice weather. >> good morning. temp
part. lyndon johnson did, bill clinton did. he doesn't. >> so even though the kids are going to be out of the house, so to speak, you don't expect him to change? >> i think it would being a great. designee just made a joke the kids are moving out, come on over. >> it's >>> the cars of tomorrow, they're on display today at the detroit auto show. we'll show you the cars and the truck that give you the best bang for your buck. >>> and take look at the groundbreaking new corvette stingray. all right. pretty. you're watching "cbs this morning." t he do it with >> announcer: this morning's eye opener at 8:00 is brought to you by sponsor with an inside story on shingles. democrats? e >>> planning for your retirement is more important than ever, so why are more people raiding their 401(k)s to pay their bills? "moneywatch" jill schlesinger is back and she'll show you why it's so important to save and why it's so important to never touch your 401(k). >>> a little later? >>> i'm charlie d'agata in london and i'll tell you why the great british butler is making a g
, the first president to actually ride in a bulletproof car was lyndon johnson in 1965, michael shure. the first president to ride in a car at all, excuse me, david shuster, are you there? the first president to ride in a ceremony in a car was warren harding back in 1921. so shuster, can you see from where you are. you've got a unique spot looking back at the capitol. can you see any of that happening? >> yeah, we can see over to constitution avenue. can see the crowds blocked off. we can see the monitor. what i wanted to say about the motorcade is a couple of things. first of all, in order to prepare pennsylvania avenue for this path, they removed something like 25 different stoplights that were on poles and the other thing that they do as part of security is early this morning, the electric company and gas company will go manhole cover by manhole cover, prop them open, make sure nothing is underneath and put a little x of spray paint and we would it shut. they know that pennsylvania avenue has been cleared. so it is a fascinating process to get pennsylvania ready for this motorcade.
've written about this great deal, how dan has written about it, rosa has written about, simon johnson the great scholar, and others. that what is happening is the reason, one of the reasons we have not clicked as quickly as possible in recovering from the crisis is because the transmission mechanism for monetary policy is dumped out. think of it as sludge on the motor of age. it's very hard to get the pistons to move. we provide the fuel, central bank. it has to be transmitted into the economy. and when i don't have to and sent people to step on the accelerator, to create more jobs, that's a matter of having to write laws, right regulation, right tax incentives and so on. but it has to be transmitted through the banking system. and these banks that were in such deep trouble and controlled so much of the industry's assets have been focused on other things. so they are interfering with the effectiveness as i mentioned in my speech. if you can get people to understand that this is holding back and hurting job creation in our district, then i think you might have a little bit more politic
johnson. that's true. >> anybody compared to bill clinton and lyndon johnson -- not going to change really in that sense. he is who he is. he doesn't want to appear to be inauthentic about it. one of the things about bill clinton was he was what i call an authentic phony. everybody believed what he was saying at the moment. barack obama always had more difficult time trying to act that up. but as he said the other day, you know, he is a nice enough guy. echoed what he said about hillary. nice enough, too. >> that line didn't go over so well the first time. >> he was talking about himself a little easier maybe. >> maybe. but do -- does he enjoy politics? >> yes. well, he enjoys politics but enjoys other things as well. you know, i -- i think that he -- he's learning how to really sort of merge that with the other aspects of what he enjoys which is policy and rest of life. >> can i say two words? joe biden. that's what joe biden is for. he does the things the president really dislikes doing. i mean, it is -- if the president doesn't like to glad hand and hang out with members of congress, th
of war is -- jay johnson, the general kuns counsel of the pentagon, gave a speech about thinking about ending that war. we think about iraq and afghanistan. the hot wars. boots on the grounds wars. the broader framework of war under which we labor through the amf i agree with you the odds are slim that we're going to see a repeal of that, an end to that, but i think it's a place for the conversation to go in the second term as the president headed towards withdrawal with afghanistan and the physical presence we have of u.s. soldiers. >> as we start to understand what an obama foreign policy is. i mean, you look back at the first inaugural just compared with the second inaugural address. the first inaugural address was about ending the era of bush and cheney. that's really what it was about. it was about we're going to do this in i different way. if you unclench your fist. it's a different time now. he has to figure out what he is going to do affirmatively, not in reaction to the way somebody else did it that he disapproved of. >> look at the change in personnel. to go from gates to hil
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